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special-purpose vehicle

noun

Definitions

  1. A legal entity (usually a limited company or a limited partnership) created to fulfill…

    A legal entity (usually a limited company or a limited partnership) created to fulfill narrow, specific or temporary objectives, typically used for taxation benefits or to reduce financial risks.

    • The family's business empire is considering backing a special purpose vehicle set up by Forest Road to take a majority stake in OnlyFans that could value the business at as much as $7bn.

The neighborhood

Vish — recursive loop

No curated loop yet for special-purpose vehicle. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA